A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of "a- " of Central Reinsurance Corporation (Central Re) (Taiwan). The Rating Outlook is revised to Positive from stable.
The ratings reflect Central Re's strengthened risk-based capitalization, continuous improvement in risk management and stable operating performance. The ratings also recognize the company's continued efforts in strengthening its overseas market presence in recent years. |
